News
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Vega Reederei sells newbuilding quartet to CMA CGM for US$86 million profit

“German ship owner Vega Reederei has decided to make a noteworthy profit from four newbuildings, which are currently under construction at the Chinese shipyard Yangfan Group.” See the original story at Container News. Source: Container News (JK)

by Container News

Boxes to be transhipped after new CMA CGM ship’s engine fails in Xiamen

“One of CMA CGM’s new 15,000 teu ships suffered mechanical failure as it was about to depart China’s Xiamen port on Tuesday.” See the original story at The Loadstar. Source: The Loadstar (JK)

by The Loadstar

Rising LNG costs haven’t deterred carriers from ordering newbuilds

“Investment in new LNG-fuelled ships has continued at pace, with class society DNV last month record...

by The Loadstar

Maersk service to southern India a hit, but market rates are still rising

“Maersk Line appears upbeat after boosting the southern India market last year with regular direct connections from Ennore Port, near Chennai, to North Europe via its ME7 service.” See the original story at The Loadstar. Source: The Loadstar (JK)

by The Loadstar

Second-hand box ship market still red hot, with profit to be made – for now

“In an extremely tight tonnage market, the purchase price paid for many second-hand containerships is higher than their newbuild cost.” See the original story at The Loadstar. Source: The Loadstar (JK)

by The Loadstar

CMA CGM adds ICTSI Rio port call on BRAZEX 2 service

“‘ICTSI Rio Brasil 1, which operates the Container Terminal 1 at the Port of Rio de Janeiro, has sta...

by Container News

Global Ship Lease lands 300% rate increase on new boxship charter

“London-headquartered containership owner, Global Ship Lease (GSL), has agreed a new three-year char...

by Splash247

Hutchison Ports Sohar Welcomes the Largest Container Vessel Berthing at Port of Sohar

“Hutchison Ports Sohar received CMA CGM’s APL Raffles, which is the biggest container vessel to ever call Port of Sohar, on Sunday 23 January 2022.” See the original story at Hellenic Shipping News. Source: Hellenic Shipping News (JK)

by Hellenic Shipping News

CMA CGM & TotalEnergies Launch 1st Ship-to-Containership LNG Operation

“CMA CGM, a world leader in shipping and logistics, and TotalEnergies have launched Marseilles’ inau...

by The Maritime Executive

Shipping lines scoff at Seoul’s price-fixing fines – they won’t hurt us

“The shipping lines hit by a collective $80.7m fine by the Korea Fair Trade Commission for price-fixing say it won’t have a substantial impact on their operations or finances.” See the original story at The Loadstar. Source: The Loadstar (JK)

by The Loadstar

CMA CGM to push up South America rates

“After four months of pausing increases in freight rates, CMA CGM has decided to boost its prices in...

by Container News

Port Saint John container handling up 10% in 2021

“Port Saint John in Canada saw container handling figures in 2021 rise 10%, marking its fifth consecutive year of growth in the sector.” See the original story at Port Technology. Source: Port Technology (JK)

by Port Technology

Container lines get closer to customers with logistics, but may not suit all

“Top container lines are investing in logistics and the supply chain companies to get closer to their customers, but it may not be a good fit for all.” See the original story at Seatrade Maritime News. Source: Seatrade Maritime News (JK)

by Seatrade Maritime News

Shanghai International Port signs LNG bunkering deal with CMA CGM

“Chinese terminal operator Shanghai International Port Group (SIPG) and French shipping major CMA CGM have signed an LNG bunkering service deal.” See the original story at Offshore Energy. Source: Offshore Energy (JK)

by Offshore Energy

Wärtsilä offers decarbonisation solutions to 12 CMA CGM boxships

“The technology group Wärtsilä has been selected to supply a broad scope of solutions for 12 new liq...

by Container News

CMA CGM finalises FMS Los Angeles terminal deal

“The CMA CGM Group has completed the acquisition of 90% of Fenix Marine Services (FMS) terminal in Los Angeles.” See the original story at Port Technology. Source: Port Technology (JK)

by eeSea News

Wärtsilä tech for CMA CGM’s LNG-fuelled boxships to support decarbonisation ops

“French shipping major CMA CGM has selected Wärtsilä, the Finnish technology group, to supply a rang...

by Offshore Energy

CMA CGM to launch NEW TIKAL 2, offering optimized connections from/to West Coast Central America

The following update was published by CMA CGM:

CMA CGM is pleased to announce the launch of the *...

by CMA CGM

SHAKA 2 service rotation to be adjusted

The following advisory was published by CMA CGM:

To ensure service reliability during the ongoing...

by CMA CGM

Pirates shot seafarer and kidnapp at least six in boxship attack in Gulf of Guinea

“A piracy attack on the 5,550TEU container ship Tonsberg in the Gulf of Guinea has been confirmed an...

by Container News

CMA CGM Kimberley LNG-powered boxship delivered

“French shipping major CMA CGM has taken delivery of CMA CGM Kimberley, the second in the series of five 15,000 TEU LNG-powered ships built at the Chinese Jiangnan Shipyard.” See the original story at Offshore Energy. Source: Offshore Energy (JK)

by Offshore Energy

Crew kidnapped from CMA CGM vessel in Gulf of Guinea

“There are unconfirmed reports that up to nine crew have been kidnapped in a pirate attack on a container ship in the Gulf of Guinea, some 48nm southwest of Equatorial Guinea.” See the original story at The Loadstar. Source: The Loadstar (JK)

by The Loadstar

Wan Hai boosts vessel-acquisition budget and takes over Yokohama terminal

“Wan Hai Lines is splashing out on more asset acquisitions as it looks to strengthen its competitiveness amid a firming container shipping market.” See the original story at The Loadstar. Source: The Loadstar (JK)

by The Loadstar

BRAZEX services to add calls in Brazil & the Caribbean

The following update was published by CMA CGM:

CMA CGM is pleased to introduce the following serv...

by CMA CGM

CMA CGM in $3bn contract logistics plunge

“CMA CGM has made a $3bn move in the e-commerce contract logistics space in a deal with Ingram Micro.” See the original story at Seatrade Maritime News. Source: Seatrade Maritime News (JK)

by Seatrade Maritime News

Wan Hai buys newbuild feeder pair for US$78 million

“Wan Hai Lines continues to acquire more ships after setting aside more funds for fleet expansion.” See the original story at Container News. Source: Container News (JK)

by Container News

CMA CGM upsizes boxships calling Yokohama

“The 14,000TEU APL Esplanade has made its first call at Yokohama port, becoming the CMA CGM Group’s largest container ship to visit the Japanese port.” See the original story at Container News. Source: Container News (JK)

by Container News

Port Klang’s box handling nears pre-pandemic level

“Port Klang in Malaysia has handled 12.69 million TEU in January-November period, close to the volume it handled in the entire last year totaling 13.24 million TEU.” See the original story at Container News. Source: Container News (JK)

by Container News

Ocean lines making near $80 billion in operating profit for year so far

“Container lines saw significant increases in revenue in the third quarter leading to an operating profit of almost $80 billion for the year so far.” See the original story at Port Technology. Source: Port Technology (JK)

by Port Technology

CMA CGM, Shell wrap up 1st BioLNG bunkering trial

“French shipping and logistics company CMA CGM and Anglo-Dutch oil and gas company Shell have performed the first liquefied biomethane (BioLNG) bunkering trial in Rotterdam.” See the original story at Offshore Energy. Source: Offshore Energy (JK)

by Offshore Energy

CMA CGM rolls out incentivised pickup scheme at Los Angeles and Long Beach

“The CMA CGM Group will implement an Early Container Pickup Incentive Program at the ports of Los Angeles and Long Beach.” See the original story at Port Technology. Source: Port Technology (JK)

by Port Technology

Container lines double down on second-hand ship buying

“Carriers have continued a second-hand ship-buying spree this year to offset capacity lost to conges...

by JOC

Strong Feeder Ship Growth with Orders From X-Press and CMA CGM

“X-Press Feeder contracted for 16 containerships each with a capacity of 1,170 TEU. The order is bei...

by The Maritime Executive

Suspension of Le Havre and Puerto Angamos calls on EUROSAL service connecting North Europe with West Coast South America & the Caribbean

The following release was published by CMA CGM:

We previously announced the **suspension of Le Ha...

by CMA CGM

CMA CGM to omit Savannah on its LIBERTY BRIDGE service connecting North Europe with US East Coast

The following release was published by CMA CGM:

Due to the ongoing congestion in Savannah port an...

by CMA CGM

CMA CGM orders ten 2,000 teu ice-class box ships from Hyundai Mipo

“French liner operator CMA CGM has chosen South Korean shipbuilder Hyundai Mipo Dockyard (HMD) to construct 10 ice-class vessels of 2,000 teu each.” See the original story at The Loadstar. Source: The Loadstar (JK)

by The Loadstar

CMA CGM to reshuffle its MEDWAX service connecting the Mediterranean to West Africa

The following release was published by CMA CGM:

In a continued effort to provide its customers wi...

by CMA CGM

CMA CGM’s profits skyrocket to $5.6 billion

“French firm CMA CGM Group has reported a massive $5.6 billion profit for the third quarter of 2021, up from $567 million in the same period last year.” See the original story at Port Technology. Source: Port Technology (JK)

by Port Technology

CMA CGM to replace Yantian by Shekou on its MEX 1 service connecting Asia with the Mediterranean

The following release was published by CMA CGM:

CMA CGM informs its customers that its MEX 1...

by CMA CGM

Container alliances’ market domination alarms White House

“The White House has raised concerns about the lack of competition in global container shipping, caused by the domination of the market by the three container alliances.” See the original story at Container News. Source: Container News (JK)

by Container New

Mawan, Greater Bay Area’s first smart port officially opens

“China Merchants Ports’ (CMPorts) smart port project in Mawan in western Shenzhen, was officially op...

by The Loadstar

Hapag-Lloyd sees no let-up in demand as profits increase tenfold

“Hapag-Lloyd has reported group profit increases of more than $6 billion for the first three quarters of 2021 as earnings momentum will remain high for the rest of the year.” See the original story at Port Technology. Source: Port Technology (JK)

by Port Technology

Rotterdam World Gateway to become carbon-neutral

“Rotterdam World Gateway (RWG) has made plans to offset the CO2 emissions and become completely carbon-neutral by 2024.” See the original story at Offshore Energy. Source: Offshore Energy (JK)

by Offshore Energy

CMA CGM to acquire one of the largest port terminals in the United States

The following release was published by CMA CGM Group:

  • Fenix Marine Services: a key infrastructu...
by CMA CGM Group

Port Saint John achieves volume growth for fifth year in a row

“Canada’s Port Saint John has reported the fifth consecutive year of container volume growth during the first nine months of 2021.” See the original story at Container News. Source: Container News (JK)

by Container News

Cosco bites the charter bullet, while CMA CGM buys more ships

“Ocean carriers are turning the heads of non-operating containership owners with “offers they can’t refuse” in their fervent buying spree.” See the original story at The Loadstar. Source: The Loadstar (JK)

by The Loadstar

Set procedures make it difficult for carriers to switch calls quickly in the US

“Shipping lines trying to switch port calls because of cargo congestion have to follow long-established procedures and rules designed to make the system fair for all parties.” See the original story at Container News. Source: Container News (JK)

by Container News

BigCommerce signs partnership agreement with CMA CGM Group

“Open SaaS e-commerce platform BigCommerce has signed a strategic partnership agreement with the CMA...

by Port Technology